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Texas Occupations Code - OCC § 2028.154. Breakage

Current as of January 01, 2024 | Updated by Findlaw Staff

(a) A greyhound racetrack association shall pay 50 percent of the breakage to the appropriate state greyhound breed registry. Of that breakage percentage:

(1) 25 percent is to be used in stakes races; and

(2) 25 percent of that total breakage from a live pari-mutuel pool or a simulcast pari-mutuel pool is to be paid to the commission for deposit into the Texas-bred incentive fund established under Section 2028.301. The commission shall distribute the money collected under this section and deposited into the fund to the state greyhound breed registry for use in accordance with this section and commission rules.

(b) The commission by rule shall require the state greyhound breed registry to award a grant, in an amount equal to two percent of the money paid under Subsection (a)(2), to a person for the rehabilitation of greyhounds or to locate homes for greyhounds.

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Cite this article: FindLaw.com - Texas Occupations Code - OCC § 2028.154. Breakage - last updated January 01, 2024 | https://codes.findlaw.com/tx/occupations-code/occ-sect-2028-154/

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